Apple Pay looks to have been a big hit in China, Internet Retailer reporting that three million bank cards were activated in the first two days of the launch. Apple had been expecting big numbers, using a gradual rollout of the service on day one, something not well communicated to cardholders.
In the first two days after the Feb. 18 launch, 3 million consumers linked their bank cards to Apple Pay according to China Merchants Bank, one of 19 Chinese banks involved in the rollout.
It’s an impressive number, but with card processor UnionPay having a monopoly on card processing, a single deal by Apple meant the service is available to a staggering total of 5B cards …
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